Mortgage Help

asa_szura

My ex-wife left over 2 years ago and I have been paying the mortgage without any areas for the last 18 months. I have tried to remove my ex from the mortgage but Halifax refuse to remove her from the covenant. My mortgage deal ends in February and I go onto the variable rate. Halifax will not give me another deal as sole owner because they say I can’t afford it. But I have been paying the mortgage and I have several lenders willing to offer me a new mortgage. So why won’t they remove her and where do I stand legally as without a new deal I may end up being repossessed? Unless I go with a new lender, but then I have all the fees to pay.

TMSL

Halifax dont normally re-underwrite when looking at a new deal , they normally just offer you them , however if your partner is still named on the mortgage she would need to agree to this as well. I would give Halifax another call and clarify the situation.

switched_off

Go to a broker and they will be able to sort this for you. Take your mortgage account number and ask for a product transfer. The number will look like A/1234 1234.

The rest is automatic and sent you in the post, if you don't ask them to cancel it they will start it before it expires.

Go to a broker though and not the branch. The broker won't mind as they will receive a fee for doing it.

Thrugelmir

Your ex-wife has a legal interest in the property.

Has your divorce been finalised?